The new SUC calculations will take a weighted average of the charges for spectrums held by operators. Department of Telecommunications (DoT) will reportedly begin spectrum auctions by September end.

The government has authorised the National Highways Authority of India to monetise around 75 public-funded highways projects, that can generate up to ₹1 lakh crore.

Awards & Honors

Actress Deepika Padukone has been featured under the list 'Hollywood's Next Generation' by fashion magazine Vanity Fair.

General Knowledge

Barack Obama earlier this year became the first sitting US President to visit Hiroshima, the Japanese city where the US dropped the first ever atomic bomb.

Note : The nuclear attack had resulted in nearly 140,000 deaths.

The oldest-ever person to win an Olympic medal was Swedish shooter Oscar Swahn, who won a silver medal in the 'running dear double-shot team event' in 1920 Olympics at the age of 72 years and 280 days.

He had won his first gold medal at the 1908 Olympic Games held in London at the age of 60.

Sports

The flag-hoisting ceremony of the Indian tricolour was held at Rio’s Olympic Villag.

The event was attended by shooter Jitu Rai, the women’s hockey team, Indian Olympic Association chief Narayana Ramachandran and other members and officials of the Indian contingent. The event is set to begin on August 5.

Current Olympic and Wimbledon champion Andy Murray will become the first tennis player to carry Team Great Britain’s flag at the Olympics.

Murray, who won the gold medal at the 2012 London Olympics, will lead Great Britain’s contingent at the opening ceremony on Friday.

The flag bearer is chosen by the British Olympic Association, with each sport nominating one athlete.

The International Olympic Committee has unanimously agreed to add karate, skateboarding, surfing, sports climbing and baseball/softball to the 2020 Tokyo Olympics.

The decision will add 18 events and 474 athletes to the Tokyo Olympics, without affecting the current athlete and event quotas.